Former FDIC Chairman Sheila Bair discusses her new book called, "Bull By the Horns," and shares her perspective on the financial crisis. "I think [Timothy Geithner] did what he thought was right, it's just that we had a profoundly different philosophical disagreement," she says.

The Federal Deposit Insurance Corp released on Tuesday a fairly rosy quarterly banking profile for the second quarter of 2012, saying net income and lending were on the rise as the number of problem banks fell.

As banks hurdle toward a July 2 deadline requiring them to submit liquidation roadmaps (living wills) to regulators, analysts are raising serious questions about the utility of such preparation in a real crisis scenario.